If employees and retirees approve the plan, non-uniformed retirees would take 4.5-percent cut to their monthly pension checks and lose annual cost-of-living increases, while former police and firefighters would lose only a portion of the annual increases. Some who invested in annuity funds that city officials say offered fixed interest rewards that were too generous would also be subject to renouncement that could deepen the cuts to pension checks.up to 20-percent.

If it's rejected, Detroit Emergency Manager Kevyn Orr has been warning, they could lose up 30 percent, if U.S. Bankruptcy Judge Steven Rhodes agrees to impose the cuts on them.